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Improve Cost Control in Aerospace and Defense with Should Cost Analysis

Prakash Chandran
Practice Head – VAVE & Localization, Geometric Ltd.

Although Aerospace and Defense are viewed as part of the same industry, the challenges they face are completely different. While defense companies are facing stringent budget cuts and fiscal constraints, the commercial aerospace industry is experiencing a surge in demand, and is under significant cost and delivery cycle time pressure. However, both sectors face the fundamental challenges of managing rising production costs in the face of changing cost structures and market dynamics.